A DAY IN HAITI

with Douglas Doebler

IMF and World Bank Approve US$1.2 Billion Debt Relief for Haiti

by admin | July 2nd, 2009

Press Release No. 09/243

July 1, 2009

Haiti was granted US$1.2 billion of debt relief by reaching the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative approved by the Boards of the International Development Association (IDA) and the International Monetary Fund (IMF). Haiti is now the 26th country to reach the completion point under the Initiative. Debt service savings result from the HIPC Initiative (US$265 million) and the Multilateral Debt Relief Initiative (MDRI) (US$972.7 million).

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My Favorite Haiti Charities

These are my favorite charities that do work in Haiti. I have supported them via donating land in the USA for a new home, funding home construction costs for multiple homes in Haiti, donating funds for emergency food and shelter relief after natural disasters and in fund raising efforts showing others via my visits to
Haiti the great needs of the people there.